Derive initiates a governance proposal to expand the regulated derivatives market in the United States

On-chain derivatives protocol Derive has released a new proposal in its governance forum, aiming to expand its business into the regulated derivatives market in the United States. Community members can review the proposal and participate in the discussion.

Derive is an on-chain derivatives protocol aimed at professional traders, offering trading products such as options and perpetual contracts, and employs an off-chain matching and on-chain settlement architecture. The proposal is currently in the community discussion phase, and the specific regulatory path, partners, and timeline will be based on the content of the forum proposal.